Our-in depth analysis of the global polyethylene terephthalate market which includes the following segments:

By Application:

• Sheets/Films
• Packaging (Bottles)
• Consumer Goods

By End User:

• Automotive
• Electronics
• Food and Beverages

By Regional

Global Polyethylene terephthalate market is further classified on the basis of region as follows:

• North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
• Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
• Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
• Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity AnalysisGrowth Factor and Challenges

The major growth factor for the polyethylene terephthalate market is the substituting traditional glass packaging with that of PET packaging. Some of the key features include recyclability of PET is also expected to fuel the polyethylene terephthalate market over the forecast period. Polyethylene terephthalate is projected to capture the highest growth in packaging application  primarily due to the increasing demand for effective and rigid packaging materials and also growing consumer preference toward high quality packaging material.

The one of the challenges is volatility in prices of crude oil which is changing and the increase in formulation of strict government rules related the application of polyethylene terephthalate hamper the growth of the global PET market.